Shivam Chemicals Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,178,000 (47%) | — | ₹958 Cr |
| Retail | — | 2,178,000 (47%) | — | ₹958 Cr |
| Market Maker | — | 231,000 (5%) | — | ₹10 Cr |
| Σ Total | — | 4,587,000 (100%) | — | ₹20,183 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹132,000 |
| Retail (Max) | 13 | 39,000 | ₹1,716,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,848,000 |
| B-HNI (Min) | 67 | 201,000 | ₹8,844,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Dec 2023 | 31 Mar 2023 |
|---|---|---|
| Revenue | 10,711 | 15,658 |
| Profit After Tax | 71 | 357 |
| Net Worth | 1,400 | 1,328 |
| Total Assets | 3,882 | 3,117 |
| Reserves & Surplus | 160 | 1,289 |
| Total Borrowing | 1,638 | 1,351 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding Working capital requirements in our Company; –
- Investment in Subsidiary Co. M/s Shivam Chemicals & Minerals Pvt Ltd. for financing the augmentation of its working capital capabilities –
- General Corporate Purpose –
Company Overview
Incorporated in October 2010, Shivam Chemicals Limited produces Hydrated Lime (Calcium Hydroxide) and distributes various products including Poultry feed supplement (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, and more. The company has supplied over 250,000 metric tons of various products.
The product portfolio of the company includes:
- Poultry Feed Supplements
- Di-calcium Phosphate
- Magnesium Oxide
- Limestone Powder
- Hydrated Lime (Calcium Hydroxide)
Shivam Chemicals and Minerals Private Limited is a wholly owned subsidiary located in Dahej, Gujarat, with a manufacturing capacity of 60,000 MT. It specializes in producing hydrated lime (calcium hydroxide).
On December 31, 2023, the company has a total of 25 employees, including 12 contract workers in their subsidiary Shivam Chemicals and Minerals Private Limited.